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Learn about Canadian retirement plans including the RRSP, CPP, OAS, TFSA, workplace pensions, and more.

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Do You Pay Taxes on RRSP After Age 65

Do You Pay Taxes on RRSP After Age 65?

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by Enoch Omololu, MSc (Econ)

Registered Retirement Savings Plans (RRSPs) are one of the main investment accounts Canadians use to save for retirement. While an RRSP grows tax-free during your accumulation years, taxes become due …

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How Much RRSP Should I Contribute

How Much RRSP Should I Contribute in 2024?

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by Enoch Omololu, MSc (Econ)

This article covers how much you can contribute to your RRSP, how to determine your RRSP contribution and deduction limits, RRSP over-contribution penalties, and more. The Registered Retirement Savings Plan …

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How Much RRSP Should I Have at 30

How Much RRSP Should I Have at 30?

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by Enoch Omololu, MSc (Econ)

If you are in your 30s and wondering how much money you need to have saved in your RRSP, you are not alone. As per Google, a popular question Canadians …

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How Much RRSP Should I Have at 40

How Much RRSP Should I Have at 40?

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by Enoch Omololu, MSc (Econ)

How much money will you need to retire comfortably in Canada? This all-important question often leads Canadians to ask other pertinent questions, such as ‘how much RRSP should I have …

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How Much RRSP Should I Have at 50

How Much RRSP Should I Have at 50?

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by Enoch Omololu, MSc (Econ)

How much money should you have saved in your RRSP at age 50? One of the top questions Canadians ask themselves at various life stages (30, 40, 50, or 60) …

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How Much RRSP Should I Have at 60

How Much RRSP Should I Have at 60?

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by Enoch Omololu, MSc (Econ)

How much money should you have saved at age 60? At age 60, you could be eligible to start collecting your Canada Pension Plan (CPP) benefits, and you are only …

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Can I Transfer My RRSP To My Spouse_

Can I Transfer My RRSP To My Spouse?

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by Enoch Omololu, MSc (Econ)

I get questions from readers regarding spousal RRSPs, whether you can transfer your RRSP to a spouse, and what happens to RRSP assets following a divorce or death. While there …

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